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Information on two types of shares is given below: 9 Share XShare YExpected return 1 4 . 2 5 % 1 1 . 2 5

Information on two types of shares is given below:9Share XShare YExpected return14.25%11.25%Standard deviation10.71%2.37%EcoBu:10Source: Adapted from de Villiers, C.2021.Required1. Calculate the coefficient of variation (CV) of both shares and provide comments on your findings. (5 Marks)2. Discuss the actions that a financial manager may take to reduce the overall risk of the company. (4 Marks)Note: Round your calculations off to two decimal places.

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